Will affordable housing revive residential investments?

07 May 2019 CW Team

Grappling with multiple issues like stalled or delayed projects, liquidity crunch and high property values coupled with weaker demand and low sales, the residential space has been gradually losing PE investor interest over the years, with equity investments down to 3 per cent in 2018 from 27 per cent. Institutional investors believe residential developers still have to tighten their operations, believes Ashutosh Limaye, Director & Head - Consulting Services, Anarock Property Consultants .“That’s why, PE has not really come in equity form to the residential segment, although they may consider investing as debt.”

However, this is expected to change with the impetus to the affordable housing sector. HDFC Capital has already raised a $ 1-billion dedicated platform for investments in affordable and mid-income residential projects in 15 cities. Prestige Estate Projects and HDFC Capital Advisors have committed $ 390 million for affordable housing projects. And Puravankara Developers is also in talks with domestic funds for affordable housing projects.

Further, in February this year, Blackstone announced that PE funds managed by it have entered into an agreement to acquire the entire stake in Aadhar Housing Finance, India’s largest independent affordable housing finance company. Blackstone will simultaneously infuse Rs 8 billion PE capital into Aadhar. The transaction is expected to close later this year.

- SERAPHINA D’SOUZA

Real Estate

06 Feb 2026

IGBC Green Karnataka Summit 2026 Highlights State’s Green Leadership

The CII Indian Green Building Council (IGBC) hosted the first IGBC Green Karnataka Summit 2026 in Bengaluru, bringing together government leaders, urban planners, developers, architects and industry stakeholders to deliberate on “Advancing Sustainability vis-à-vis Climate Resilience in Urban Built Karnataka”.Karnataka currently has 1,539 registered green building projects accounting for a cumulative 1.13 billion sq ft of certified green building footprint, ranking third in India by number of buildings adopting IGBC Green Building Ratings. The summit reinforced a collective shift from inte..

MIC Electronics Bags First PAPIS Order from RCF Kapurthala

MIC Electronics has received a Letter of Acceptance (LoA) from Rail Coach Factory (RCF), Kapurthala, for its first order in the Passenger Announcement and Passenger Information System (PAPIS) segment, marking a new addition to the company’s railway electronics portfolio.The order was awarded following successful evaluation of the company’s bid by the competent authority. MIC Electronics said the scope of work will be executed in line with the agreed rate structure, delivery schedules, inspection requirements, warranty provisions and other standard terms and conditions prescribed by RCF.Com..

Prozo Opens 1.5 Lakh Sq Ft Multi-Client Fulfilment Hub

Prozo has launched its largest multi-client fulfilment hub, a 1.5 lakh sq ft enterprise-grade facility at Horizon Industrial Parks, Gurugram, Haryana, strengthening its expanding national warehousing network. The new site is Prozo’s sixth multi-client facility in Haryana and eleventh in Northern India, within a network of over 50 fulfilment centres spanning 3 million sq ft.Designed as a model warehouse for North India, the facility combines high-specification infrastructure with Prozo’s proprietary technology stack to support complex and high-volume operations for enterprise, retail and D2..